It is no longer news that the cost of survey was increased by about 300 percent in Lagos few years ago. The Lagos State Cadastral Policy was reviewed and became effective in April 2017.
Before the review, the least cost of survey of a plot of land in Lagos was N120,000 (One hundred and twenty thousand naira) but now it is N350,000 (Three hundred and fifty thousand naira).
The increment was sharp and drastic, however the NIS (Nigerian Institution of Surveyors) has done a good job of enlightening the public on the new survey fee in Lagos and the necessity of the review.
The indices for costing include:
1) Job content
4) Transportation and Logistics
6) Value of land
7) Type of vegetation
8) Professional development and administration charges
There are two things to note:
1. As stated earlier, the least cost of a registered survey of a plot of land is N350,000 (Three hundred and fifty thousand naira).
2. In Lagos, the cost of survey varies according to location. There are three zones in Lagos. They are Zone A, B and C. The minimum cost of survey in each zone is N1,000,000, N500,000 and N350,000 respectively. These costs cover registration and survey.
|Item||Zone A||Zone B||Zone C|
Zone A: Covers the following LGAs – Eti-Osa, Lagos Island, Ikeja, and Apapa.
Zone B: Covers the following LGAs – Agege, Alimosho, Amuwo-Odofin, Ibeju-Lekki, Ifako-Ijaiye, Kosofe, Lagos Mainland, Mushin, Oshodi/Isolo, Ojo, Shomolu and Surulere.
Zone C: Covers the following LGAs – Ajeromi-Ifelodun, Badagry, Epe and Ikorodu.